Dunelm Group (OTCMKTS:DNLMY) Reaches New 12-Month Low – Here’s Why

Dunelm Group (OTCMKTS:DNLMY) shares hit a new 52-week low during trading on Monday . The company traded as low as $12.70 and last traded at $12.70, with a volume of 2000 shares trading hands. The stock had previously closed at $14.18.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DNLMY. Zacks Research raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. Jefferies Financial Group upgraded Dunelm Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Finally, Royal Bank Of Canada raised Dunelm Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Dunelm Group Price Performance

The business has a fifty day moving average price of $13.90 and a 200-day moving average price of $14.68. The company has a current ratio of 1.04, a quick ratio of 0.25 and a debt-to-equity ratio of 2.73.

About Dunelm Group

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.